The real estate market is seeing notable developments in supply, prices and regulatory management. According to the Ministry of Construction, secondary apartment prices in many localities have begun to adjust, while land plot prices fell by around 2 to 3 percent compared with the previous quarter. Although supply increased by approximately 40 percent in the first half of the year, most products are either highly priced or located far from central areas. Higher borrowing costs have also made homeownership difficult for many people. In the social housing segment, Ho Chi Minh City has started construction of the CT-3 project in Binh Hung Commune, adding 342 apartments. Meanwhile, Vinhomes’ more than 600 hectare mixed-use urban area in southern Hanoi is expected to include resettlement housing, social housing and commercial housing for more than 105,000 residents. Regarding project supply and investment activity, the Quang Ninh Department of Construction approved Vingroup’s sale of more ...
en.nhaban.vn - Vietnam Real Estate News
Real Estate News, information on real estate projects, policies and real estate investment potential are aggregated from many sources by AI.